Rapid Transit Systems Act 1995 · 2020 Revised Edition · Part 3A · Control of Designated Entities
21P. Remedial directions relating to section 21I
Feedback & supportLast amended by an amending law of 2024.
Subsection (2) applies where —
a person has contravened section 21I(1); or
where the Authority has granted its approval under section 21I(1) —
any condition of approval imposed under section 21I(4) has not been complied with;
either of the joint applicants mentioned in section 21I(1)(a) or (b) has provided false or misleading information or documents to the Authority in connection with the person’s application for approval under section 21I(1); or
the Authority would not have granted its approval under section 21I(1) had it been aware, at the time of approval, of circumstances relevant to the application for such approval.
The Authority may —
direct the person who has acquired as a going concern the business or part of the business mentioned in section 21I(1) to transfer or dispose of all or any part of the business within such time and subject to such conditions as the Authority considers appropriate;
prohibit or restrict the transfer or disposal of all or any part of the business; or
issue any other direction that the Authority considers appropriate.
A direction issued under this section (including a direction varied under section 21Q(2)) has effect despite the provisions of any other written law or anything contained in the memorandum or articles of association, limited liability partnership agreement, partnership contract, trust deed or other constitution, of the designated operating entity in question.